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BSENewever Trade Wings LtdHighNeutral
Announced Mon, 24 Aug, 2026 · 20:00 IST

FY26 results: loss widens to Rs 52L, qualified audit opinion

Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedRelated-party transactionsContingent liabilities increasedResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Newever Trade Wings posted FY26 revenue of just Rs 2.49L and a net loss of Rs 52.18L (FY25 loss Rs 6.62L), with EPS at negative Rs 0.22. Auditor PAMS and Associates issued a qualified opinion citing statutory non-compliance, incomplete prior records, and material going concern uncertainty. Accumulated losses of about Rs 2,346.88L have eroded net worth to just Rs 47.64L. The company was delisted from BSE, with SARFAESI proceedings restricting access to records. Cash losses continue.

Likely market impact

Company is largely non-operational with severe going concern doubts and nearly wiped-out net worth. Stock is delisted, so shareholder liquidity is extremely limited.